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    UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

    • Post author:MiamiCrypto
    • Post published:May 10, 2022
    • Post category:$1 Parity/Anchor/Anchor TVL/Bail Outs/Binance/Bitcoin Wallet/Citadel/Deploying Capital/Do Kwon/Dollar Peg/Hasu/lfg/LFG wallets/LUNA/LUNA down/luna foundation guard/Lyn Alden/News/Stablecoin/Stablecoin UST/terra (LUNA)/USDC/USDT/UST

    On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…

    Continue ReadingUST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

    Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

    • Post author:MiamiCrypto
    • Post published:March 7, 2022
    • Post category:$11.5 billion/$2.46 billion borrowed/20% APY/Aave/ANC/Anchor/Anchor Protocol/Anchor Protocol (ANC)/Anchor TVL/APY/Bonded Ether/Bonded Luna/Cryptonics/decentralized finance/DeFi/defi application/defi lending/Defi protocol/Ethanchor/Liquid Staking Mechanism/Solidified/Stable Yield/Stablecoin UST/Terra/terra (LUNA)/UST

    While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased…

    Continue ReadingAnchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
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